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Microcap & Penny Stocks : Pharmos(PARS) -- Ignore unavailable to you. Want to Upgrade?

To: InvestorLady who wrote (681)	5/3/1998 3:36:00 PM
From: David Israel-Rosen	Read Replies (1) \| Respond to of 1491

I am not a friend of Management. I have pushed mgt to implement what you see (for example) on the wed site. My valuation of the company was derived alone based on my Experience in the Catract area. Having spent 2 years working with Mds I am familiar with this. My information is derived from sources other than mgt. I intned to stay on top of this and push mgt to create shareholder value... Given my 7 figure investment I will be stupid to become a cheer leader for mgt...But this is Microcap City...Price and reality in this part of the world are Rarley matched...This cretaes arbirage which WE ought to exploit... Good luck David

To: InvestorLady who wrote (681)	5/3/1998 4:19:00 PM
From: wolfdog2	Read Replies (2) \| Respond to of 1491

InvestorLady, whew! what a relief to learn from you that PARS is a risky biotech start up. And to think that I considered it a sure thing that BOL's sales would go exactly according to plan. And that there was no risk that Phases II and III of the brain trauma drug could fail. I think that it ill behoves you to suddenly drop in on this board and lecture us about the risks in the stock. David's input has been very useful for people who are trying to estimate the company's potential. I personally find your characterizations of his relationship with management and research insulting. Perhaps since you are an experience researcher, you too might travel to Israel and interview management. Then at least you might have something useful to post.